Kenya has found itself caught in the crosshairs of the China–US rivalry after American lenders to the proposed Sh468 billion Mombasa–Nairobi expressway rejected a shareholder with Chinese links, derailing plans for the toll road project.
Construction company Mota-Engil—in which a Chinese firm holds a 32.42 percent stake—was forced to exit after US-based financiers raised concerns, the Business Daily has learnt.
